The entirety of the federal debt is the consequence of accumulated Republican fiscal mis-management, including massive deficits, first under Reagan and Bush Sr and then, following Clinton’s transformation of then-record deficits into record surpluses, Bush Jr came along and transformed the record Clinton surpluses back into new record deficits, with two unfunded wars, tax cuts and corporate welfare for the few richest elites and lack of oversight over financial and capital markets leading to an economic collapse. (Dick Cheney famously counseled Bush Jr that “Reagan proved that deficits don’t matter.”)
Then Obama came along and rescued us from the Bush economic free fall and could have done even more if he hadn’t faced unprecedented Republican obstruction and filibuster abuse as he tried to FIX what THEY BROKE. Despite this unprecedented obstruction, Obama has had amazing success in cutting back the size of government, reducing by 2/3 the record deficits he had inherited from Reagan/Bush/Bush with a record 84 consecutive months of job gains.
The only two presidents to achieve balanced budgets in the last SIXTY YEARS were LBJ (despite the costs of the Vietnam War, Apollo Space program and War on Poverty, while he had a 70% top marginal tax rate) and Bill Clinton, who had four straight surplus budgets after he passed Reinventing Government (REIGO) without one single Republican vote.
Only one more in the last 50 years has even reduced the annual budget deficit — Barack Obama — who slashed deficits every year after his first, with the cumulative total cut by more than two thirds off, to one third the amount he inherited from Bush Jr., though he never made it all the way to a surplus.
And now, once again, Trump is following the Bush Jr play book (Cheney: “Reagan proved deficits don’t matter”), and has blown up the deficits and debts to new stratospheric levels.
Lisa, it wasn’t the Dems that has blown up the deficit 27% THIS YEAR ALONE with that $1.5 trillion tax cut that benefited the 1%. And by next year, under the Trump Regime, we will hit over 1 trillion. We know exactly who that goblin is.
That’s our Lisa, a day late and a trillion short. You’d think she’d be bitter that her Republican patrons have lied to her through their teeth, but she may not be capable of such reflection.
Thank you, LBenson, for pointing out that the national debt has increased approximately $2 trillion dollars since Hair Groppenfuror took office. He obviously treats public funds the same as his own and thinks he can declare bankruptcy for the U.S. to wipe out the national debt.
All thanks to Trump and the Republican congress. or are you complaining now that the Democrats took over the House after that stunt? Typical tactic; Republicans raise the debt into oblivion and blame Democrats when they are elected to fix it.
ANYONE who tries to cut spending will be voted out of office! Remember the little old lady in the wheelchair being pushed of the cliff in the TV ads? Until there is some BIPARTISAN support for spending cuts nothing will happen, and what are the chances of ANYTHING bipartisan happening in Washington will IMPEACH and RESISTANCE is happening? And if the spend-happy Democrats win the Presidency the trend will get even worse!
Lisa, this could be construed by your Fearless Leader as “disloyalty.” Everything is wonderful. Everything is going great. You really should pay more attention to your party’s own propaganda – oh, excuse me – I meant “information.”
Lisa’s right, the national debt is the real boogie man to be fought against. Unfortunately, Lisa usually thinks the debt is only the Dems fault and ignores the Repubs role in its rise. By vastly increasing military spending and reducing income through the tax cut for the wealthy, the Repubs have their hand to the tiller of the latest increase to the national debt. It’ll take another Dem takeover to right the ship of state and lead us out of the dept quagmire.
Now, I know the Repubs are going to point to the medicare for all plans that speak of raising income taxes by 40-50%, and I understand that. That’s why I suggest a more modest healthcare plan that would pay for doctor’s care, prescriptions, and outpatient treatment. All the rest would be taken care of by private companies doing supplemental plans. Or, we could just make the ACA the kind of healthcare that it was intended to be.
So for the last several Democratic administrations, the reduction in the deficits was a fluke or a borrowing of fake facts from the Republicans? When the Republicans were in charge of all three branches, their chances of reducing the national debt had wonderful odds. No one could derail their spending cuts or a change of focus for entitlement funds. So, WHY DID THE DEFICITS ACTUALLY INCREASE SO DRAMATICALLY?
Don’t look to the president for an effective means of dealing with the National Debt. He’s rich due to his dad’s largesse. Trump’s dad once sent an accountant to Atlantic City to purchase $3.35 Million worth of poker chips so that he could make a payment on a loan that he had no money or credit to pay:
The problem with the budget has always been guns or butter even though Democrat presidents are constitutionally responsible for national defense as well. Democrats seem to believe we are still protected by two oceans in spite of the fact bad guys have the same aerial stuff anymore we do and of course druggists and other bad guys pass through the southern border like it wasn’t even there. Trump still thinks we need to at least keep stay up with what the Russians, Chinese, Iran and others are up to and spend what is necessary to do that and Democrats have no intention of giving up any free stuff programs, thereby the national debt problem. Once The Democrats regain power the only new military stuff designed to obliterate large chunks of land will come from them not us. Even if we completely eliminated the Defense department there won’t be enough “other people’s money” plus whoever is still willing to lend us to pay for all the free stuff Bernie, Liz, el al have in mind. Buckle your seat belts it’s gonna be a rough ride.
yeah, that worked sooo well last time…y’all noticed how much more $$ you had to spend, didn’t you? You didn’t? my heavens…so who got all that extra $$?
With things looking grim for Trump, notice how today some of the right wing cartoonists have fallen back on “debt bad”. Too bad they were basically silent during the Bush years…
Not one peep has been mentioned about the deficit since Trump took office. Spineless Ryan was spewing from the mountain tops about Obama growing the deficit after the great recession. Now according to the Orange wonder we have record employment and investment and yet he added 1TRILLION to the debt. Vote the GOP out!!
Dtroutma over 4 years ago
Bonespurs and the GOPers are working on increasing that.
DD Wiz Premium Member over 4 years ago
The entirety of the federal debt is the consequence of accumulated Republican fiscal mis-management, including massive deficits, first under Reagan and Bush Sr and then, following Clinton’s transformation of then-record deficits into record surpluses, Bush Jr came along and transformed the record Clinton surpluses back into new record deficits, with two unfunded wars, tax cuts and corporate welfare for the few richest elites and lack of oversight over financial and capital markets leading to an economic collapse. (Dick Cheney famously counseled Bush Jr that “Reagan proved that deficits don’t matter.”)
Then Obama came along and rescued us from the Bush economic free fall and could have done even more if he hadn’t faced unprecedented Republican obstruction and filibuster abuse as he tried to FIX what THEY BROKE. Despite this unprecedented obstruction, Obama has had amazing success in cutting back the size of government, reducing by 2/3 the record deficits he had inherited from Reagan/Bush/Bush with a record 84 consecutive months of job gains.
The only two presidents to achieve balanced budgets in the last SIXTY YEARS were LBJ (despite the costs of the Vietnam War, Apollo Space program and War on Poverty, while he had a 70% top marginal tax rate) and Bill Clinton, who had four straight surplus budgets after he passed Reinventing Government (REIGO) without one single Republican vote.
Only one more in the last 50 years has even reduced the annual budget deficit — Barack Obama — who slashed deficits every year after his first, with the cumulative total cut by more than two thirds off, to one third the amount he inherited from Bush Jr., though he never made it all the way to a surplus.
And now, once again, Trump is following the Bush Jr play book (Cheney: “Reagan proved deficits don’t matter”), and has blown up the deficits and debts to new stratospheric levels.
sipsienwa Premium Member over 4 years ago
Yes indeedy. Exactly what they said above. Your guy has hiked the debt considerably while taking away all my tax deductions that helped me save money.
RAGs over 4 years ago
Lisa forgets that republicans say Democrats, “Tax and spend,” while they like to cut taxes and spend even more.
mr_sherman Premium Member over 4 years ago
Lisa the Loser must be afraid of losing the Senate and the White House next year.
mr_sherman Premium Member over 4 years ago
Hey, Lisa. It’s YOUR guy wasting all the money!
braindead Premium Member over 4 years ago
Lisa, YOUR GUY promised untold surpluses by now, right?
I guess he’s been too busy with Treason, massive corruption, abuse of power, and money laundering.
.
#TraitorTrump
Zev over 4 years ago
Lisa, it wasn’t the Dems that has blown up the deficit 27% THIS YEAR ALONE with that $1.5 trillion tax cut that benefited the 1%. And by next year, under the Trump Regime, we will hit over 1 trillion. We know exactly who that goblin is.
quixotic3 over 4 years ago
That’s our Lisa, a day late and a trillion short. You’d think she’d be bitter that her Republican patrons have lied to her through their teeth, but she may not be capable of such reflection.
wolfhoundblues1 over 4 years ago
I remember screaming about this during Obama.
Durak Premium Member over 4 years ago
That’d be Trump’s deficit, yes?
guyjen2004 Premium Member over 4 years ago
Thank you, Congress, from my children and their children and…
Zebrastripes over 4 years ago
It’s okay! Because the GOP did it! /s
mourdac Premium Member over 4 years ago
Thank you, LBenson, for pointing out that the national debt has increased approximately $2 trillion dollars since Hair Groppenfuror took office. He obviously treats public funds the same as his own and thinks he can declare bankruptcy for the U.S. to wipe out the national debt.
Nebulous Premium Member over 4 years ago
I thought that Trump said that he was going to fix that.
Hahahahaahahahahahahahah!!!! Yeah, right.
Alberta Oil Premium Member over 4 years ago
Watch how serious that debt becomes.. the very instant the Democrats take power.
gammaguy over 4 years ago
I was going to make a joke about Trump going Trick or Tweeting. But then I thought it through and realized that with Trump, there’s no “or”.
Masterskrain Premium Member over 4 years ago
YOUR GUY, LISA!! YOUR GUY!!
jhayesd31 over 4 years ago
This is what we have come to Expect.
When it is a Republicans fault, Lisa Blames everyone.
When it is both party’s fault Lisa Blames the Dem’s
When it is the Dem’s Fault, Lisa’s Head Explodes.
NeedaChuckle Premium Member over 4 years ago
Deficits Don’t Matter! – DICK Cheney.
Patjade over 4 years ago
All thanks to Trump and the Republican congress. or are you complaining now that the Democrats took over the House after that stunt? Typical tactic; Republicans raise the debt into oblivion and blame Democrats when they are elected to fix it.
dandye over 4 years ago
ANYONE who tries to cut spending will be voted out of office! Remember the little old lady in the wheelchair being pushed of the cliff in the TV ads? Until there is some BIPARTISAN support for spending cuts nothing will happen, and what are the chances of ANYTHING bipartisan happening in Washington will IMPEACH and RESISTANCE is happening? And if the spend-happy Democrats win the Presidency the trend will get even worse!
Bookworm over 4 years ago
Lisa, this could be construed by your Fearless Leader as “disloyalty.” Everything is wonderful. Everything is going great. You really should pay more attention to your party’s own propaganda – oh, excuse me – I meant “information.”
Radish the wordsmith over 4 years ago
Republicans borrow trillions from China to give to the Republican Donor Class as tax breaks.
Teto85 Premium Member over 4 years ago
One thing is consistent, Lisa has a bowl of stupid for breakfast everyday.
jhayesd31 over 4 years ago
The Dems borrow money when we have to and pay it back when we can.
The Repub’s borrow money when we can and pay it back when we have to, and so far we have never had to.
preacherman over 4 years ago
Lisa’s right, the national debt is the real boogie man to be fought against. Unfortunately, Lisa usually thinks the debt is only the Dems fault and ignores the Repubs role in its rise. By vastly increasing military spending and reducing income through the tax cut for the wealthy, the Repubs have their hand to the tiller of the latest increase to the national debt. It’ll take another Dem takeover to right the ship of state and lead us out of the dept quagmire.
Now, I know the Repubs are going to point to the medicare for all plans that speak of raising income taxes by 40-50%, and I understand that. That’s why I suggest a more modest healthcare plan that would pay for doctor’s care, prescriptions, and outpatient treatment. All the rest would be taken care of by private companies doing supplemental plans. Or, we could just make the ACA the kind of healthcare that it was intended to be.
kentmarx36 over 4 years ago
So for the last several Democratic administrations, the reduction in the deficits was a fluke or a borrowing of fake facts from the Republicans? When the Republicans were in charge of all three branches, their chances of reducing the national debt had wonderful odds. No one could derail their spending cuts or a change of focus for entitlement funds. So, WHY DID THE DEFICITS ACTUALLY INCREASE SO DRAMATICALLY?
ndblackirish97 over 4 years ago
Yep the monster a corrupt Congress and president created keeps getting bigger.
gcottay over 4 years ago
Wow! Thanks and congratulations, Lisa for a real life conservative cartoon.
Frankfreak over 4 years ago
gop borrows and spends with no intention of repaying what they borrow. They also increase spending on unneeded military arms. (but never for soldiers)
DrPawl over 4 years ago
Don’t look to the president for an effective means of dealing with the National Debt. He’s rich due to his dad’s largesse. Trump’s dad once sent an accountant to Atlantic City to purchase $3.35 Million worth of poker chips so that he could make a payment on a loan that he had no money or credit to pay:
https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
https://www.youtube.com/watch?v=wL2cRHeLTzI
Here’s an image of the transaction:
https://int.nyt.com/data/documenthelper/344-trumps-castle-statement/2ed81084d70858cfbb17/optimized/full.pdf#page=1
brwydave Premium Member over 4 years ago
Do Lisa Benson and Michael Ramirez have the same paymaster?
William Bednar Premium Member over 4 years ago
Hey, hey!! Mitch McConnell said the debt is not a problem, unless, of course, the Dems spend too much.
watashi73 over 4 years ago
The problem with the budget has always been guns or butter even though Democrat presidents are constitutionally responsible for national defense as well. Democrats seem to believe we are still protected by two oceans in spite of the fact bad guys have the same aerial stuff anymore we do and of course druggists and other bad guys pass through the southern border like it wasn’t even there. Trump still thinks we need to at least keep stay up with what the Russians, Chinese, Iran and others are up to and spend what is necessary to do that and Democrats have no intention of giving up any free stuff programs, thereby the national debt problem. Once The Democrats regain power the only new military stuff designed to obliterate large chunks of land will come from them not us. Even if we completely eliminated the Defense department there won’t be enough “other people’s money” plus whoever is still willing to lend us to pay for all the free stuff Bernie, Liz, el al have in mind. Buckle your seat belts it’s gonna be a rough ride.
martens over 4 years ago
Hey, Lisa, now about that debt (and the deficits that feed it):
White House officials ramp up new tax cut talks, as Trump seeks sharp contrast with 2020 Democrats
https://www.washingtonpost.com/us-policy/2019/10/31/white-house-officials-ramp-up-new-tax-cut-talks-trump-seeks-sharp-contrast-with-democrats/
yeah, that worked sooo well last time…y’all noticed how much more $$ you had to spend, didn’t you? You didn’t? my heavens…so who got all that extra $$?
XtopherSD over 4 years ago
With things looking grim for Trump, notice how today some of the right wing cartoonists have fallen back on “debt bad”. Too bad they were basically silent during the Bush years…
Union Man over 4 years ago
Not one peep has been mentioned about the deficit since Trump took office. Spineless Ryan was spewing from the mountain tops about Obama growing the deficit after the great recession. Now according to the Orange wonder we have record employment and investment and yet he added 1TRILLION to the debt. Vote the GOP out!!
Concretionist over 4 years ago
Oh that’s okay: I’m planning on being dead before that one comes home to roost.
/s